Are You an Employee or Entrepreneur? Tips to Tell

05 Jun Are You an Employee or Entrepreneur? Tips to Tell

Successful entrepreneurs all have one thing in common, a mindset that allows them to believe in themselves.  The right mindset is far more important than tech or business skills.  Many of the incredibly successful entrepreneurs aren’t the most tech-savvy nor have genius-level intelligence.    But what they do have, is an entrepreneurial mindset.  If you are a new entrepreneur, you need to find out, (quickly) if you have the right mindset for success. 

Do you even know if you are stuck in the employee mindset?  Or do you have the critically needed entrepreneur mindset?  Read on to see the differences between these two mindsets and discover your mindset, and if changes are needed!

Can you sacrifice your time and money to build your dream empire?
Or
Or are you only worried about your monthly paycheck only?

Do you work for a company with an intention of starting something on your own?
Or
Are you working for a company with an intention of acquiring a permanent position?

Will you add your individual flavors by understanding the depth of the conversation?
Or
How often do you just nod your head and follow your employers’ instructions blindly?

There are two types of workers in any organization:

• Employees with an Employee Mindset
• Workers with an Entrepreneurial Mindset

Some people surround themselves with pre-planned deadlines. Others prefer to work on their pre-planned future goals. It does not matter whether you are working for a company or not. What matters most is your mindset.

Based on these two categories, let us look at 10 mindset differences between an Employee and an Entrepreneur.

1. Employees think without starting. Entrepreneurs start without thinking.

It’s frustrating, but employees restrict their future growth by thinking about perfecting different skills. Instead of starting things on a positive note, they start doubting their capabilities and strengths. In the first place, entrepreneurs know little about everything. So, they start their work with a little input. Moreover, they don’t waste their time by falling into the perfection trap. Truly motivated entrepreneurs believe in learning new things along their entrepreneurial journey.

2. Employees wait for the right time. Entrepreneurs act without thinking about the right time.

So many employees find different excuses to complete their tasks. You see them postponing their targets. There are three main boosters that entrepreneurs use to start their work at any time: Love, Patience, and Dedication. In addition, they understand the short-lived nature of the opportunities. Focused entrepreneurs grab the opportunity and come up with different plans.

3. Employees aim for a promotion in their company. Entrepreneurs aim for the promotion of their business.

Workers with an ‘Employee mindset’ are concerned about the increment of their colleagues. Often they work hard with the intention of getting a better position and a high salary. In addition, every entrepreneur works hard with the intention of learning new ideas. They are busy finding various ways to uplift their business dreams.

4. Employees dream of their plans. Entrepreneurs plan their dreams.

No matter how big your dreams are, dreams without plans have no significance. So many employees build castles in the air. We see them dream of breaking the 9-5 routine. It’s critical to dream of having a lavish lifestyle. On the other hand, entrepreneurs have a solid plan for shaping their dreams. While moving ahead with a proper strategy.

5. Employees think “Money is everything”. Entrepreneurs know “Time is everything”.

Too often employees invest in their future growth by focusing on money. Workers look for safe returns only. Every entrepreneur knows “Time is Money”. Smart entrepreneurs shift their focus from money to time by giving ample time for the growth of the company. First and foremost, they are ready to work months after months with no profits. As they believe in generating wealth, they don’t pay attention to initial months with unattractive results.

6. With Employees, frustration is permanent. With Entrepreneurs, frustration is temporary.

The freedom from frustration depends on the way the person tackles it. All employees know they must go through the same boring routine again and again. As a result, they lose their interest and become arrogant with their co-workers and family members. While managing various roles, entrepreneurs also face frustrating moments. Their problems are temporary because they want to make a living by doing what they love to do.

7. Employees are insecure about their freedom. Entrepreneurs free themselves from all their insecurities.

Who doesn’t want to live life on their own terms, isn’t? On one side, employees want to spread their arms and live life without any boundaries. On the other side, they contract themselves due to future insecurities. We know that entrepreneurs live life on the edge. It doesn’t mean they don’t focus on other commitments. As a matter of fact, they are good at calculating the right amount of risk for every strategy.

8. Employees work hard. Entrepreneurs work smartly.

Just about every employee focuses on getting in their Boss’s good graces. By doing the good work, more and more files pile up on their desks. Most entrepreneurs classify their work by categorizing them under the category of Urgent and Not Urgent. Smartly they follow Pareto’s Principle by doing 20 percent of the work which generates 80 percent of the results.

9. Employees blame others. Entrepreneurs correct themselves.

In order to achieve something big in life, you need to have the courage to accept your faults. There is no use in playing the blame game. Workers with an ‘employee mindset’ have a habit of blaming, justifying, and complaining. All entrepreneurs know they are responsible for all their decisions. Instead of suppressing their mistakes, they are open to accepting their mistakes.

10. Employees break down after failure. Entrepreneurs wake up after a failure.

Failure is inevitable. If you are afraid of failure, you won’t be able to come up with fresh ideas. Workers with an ‘Employee’s mindset’ lose their confidence in the struggling period. Sadly they look at failure as a dead end. Of course, entrepreneurs see opportunity in every failure. However, after being knocked down, they don’t lose their enthusiasm. Equally important, they recover and improve with every fall.

Final Thoughts

So, are you an Employee or an Entrepreneur?  If you said an employee, get ready to change your mindset and change your life.  Move from limited income to limitless income.  Let us help you along this journey, and help you become financially free.

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